1998 Oldsmobile Regency Insurance Rates

Searching for lower car insurance rates for your Oldsmobile Regency? Pretty sure you bought an overpriced car insurance policy? Don’t sweat it because you are not the only one feeling buyer’s remorse.

With so many insurance companies to choose from, it is hard for the average consumer to pick the most affordable car insurance company.

Finding affordable coverage is not rocket science. If you currently have car insurance, you stand a good chance to be able to save some money using these techniques. Nevertheless, car owners must learn how insurance companies determine prices and take advantage of how the system works.

Cheaper auto insurance rates with discounts

Companies offering auto insurance do not list every available discount very clearly, so the list below details both well-publicized and also the more inconspicuous credits available to lower your premiums when you buy car insurance online.

  • Driver Safety – Taking part in a course that instructs on driving safety may get you a small discount depending on where you live.
  • Own a Home – Owning a house can save a few bucks because it requires a higher level of personal finance.
  • Professional Organizations – Being a member of certain professional organizations could qualify you for a break on your bill.
  • Payment Method – If paying your policy premium upfront rather than paying monthly you could save up to 5%.
  • Smart Student Discounts – Performing well in school can get you a discount of up to 25%. Many companies even apply the discount to college students up to age 25.
  • Fewer Miles Equal More Savings – Driving less may enable drivers to earn lower premium rates on the low mileage vehicles.
  • Save with More Vehicles Insured – Drivers who insure several vehicles on a single policy can get a discount on all vehicles.
  • Multiple Policy Discount – If you can combine your auto and homeowners policy with one insurance company you may earn 10% to 20% off each policy.
  • Discounts for Government Workers – Simply working for the federal government can save as much as 8% for Regency insurance with a few auto insurance companies.
  • No Charge for an Accident – Not necessarily a discount, but companies like GEICO and Allstate will forgive one accident without the usual rate increase if you have no claims prior to the accident.

Don’t be surprised that most discount credits are not given to the overall cost of the policy. Some only apply to specific coverage prices like comp or med pay. If you do the math and it seems like you would end up receiving a 100% discount, you won’t be that lucky.

If you would like to choose from a list of auto insurance companies who offer online auto insurance quotes, click here to view.

The quickest method we recommend to get rate comparisons is to know auto insurance companies participate in online systems to provide you with free rate quotes. To begin a comparison, all you need to do is give them some information including if it has an alarm system, if the vehicle is leased, if you require a SR-22, and how much you drive. The data is instantly provided to all major companies and you get price estimates almost instantly.

To find the cheapest car insurance rates, click here and complete the quick form.

Tailor your car insurance coverage to you

When it comes to buying adequate coverage for your personal vehicles, there really is no one size fits all plan. Everyone’s situation is unique and your policy should reflect that. For example, these questions might help in determining if your situation might need an agent’s assistance.

  • Is a fancy paint job covered?
  • Is my Oldsmobile Regency covered if I use it for business?
  • Do I need an umbrella policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Can my babysitter drive my car?
  • When should I buy a commercial auto policy?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I pay less for low miles?
  • How can I find cheaper teen driver insurance?
  • Does car insurance cover theft of personal property?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Insurance coverage specifics

Having a good grasp of insurance helps when choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on most insurance policies.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as nursing services, surgery, doctor visits, EMT expenses and X-ray expenses. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Oldsmobile Regency.

Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Comprehensive or Other Than Collision – This coverage will pay to fix damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as a broken windshield, fire damage and hail damage. The maximum amount your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverages – This coverage pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for things such as crashing into a building, hitting a parking meter, driving through your garage door, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Liability car insurance – Liability insurance can cover damage that occurs to other’s property or people by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims such as court costs, pain and suffering, attorney fees, medical expenses and loss of income. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Saving money makes a lot of cents

Some insurance companies may not have the ability to get quotes online and these smaller providers only sell coverage through independent agents. More affordable auto insurance is definitely available from both online companies as well as from insurance agents, and you should compare price quotes from both to have the best selection.

We’ve covered a lot of techniques to lower your 1998 Oldsmobile Regency insurance premium rates. The key concept to understand is the more companies you get prices for, the better chance you’ll have of finding cheaper car insurance. Consumers may even find the most savings is with a small mutual company. Regional companies may only write in your state and offer lower prices than the large multi-state companies such as Progressive or GEICO.

As you go through the steps to switch your coverage, it’s not a good idea to buy less coverage just to save a little money. There are many occasions where drivers have reduced physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at the lowest possible cost, but do not skimp to save money.

More detailed auto insurance information is located in the articles below: